Goldman Sachs Remains a Sell on New Hope Corporation Limited (NHPEF)
Goldman Sachs analyst Paul Young maintained a Sell rating on New Hope Corporation Limited (NHPEF – Research Report) on May 20 and set a price target of A$2.90. The company's shares closed yesterday at $2.41.
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According to TipRanks, Young is a 4-star analyst with an average return of 6.9% and a 57.27% success rate. Young covers the Basic Materials sector, focusing on stocks such as Lynas Rare Earths , BHP Group Ltd, and Iluka Resources Limited.
The word on The Street in general, suggests a Hold analyst consensus rating for New Hope Corporation Limited with a $2.58 average price target.
NHPEF market cap is currently $1.98B and has a P/E ratio of 5.34.
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